Togo: State spends CFA2.9bn to subsidize fertilizers for 2018-2019 agricultural campaign

Agriculture
Thursday, 12 April 2018 16:22
Togo: State spends CFA2.9bn to subsidize fertilizers for 2018-2019 agricultural campaign

(Togo First) - Togo raised about CFA2.9 billion to subsidize fertilizer purchase in the 2018-2019 agricultural campaign, says Ouro-Koura Agadazi, minister of agriculture, husbandry and fishery.

The subsidy will profit only “vulnerable” farmers selected all over the nation, “based on certain criteria”. According to sources, these are farmers owning between 0.25 and 1 hectare of arable lands. This would help them boost their output and be more autonomous, financially.

Overall, 36,700 tons of fertilizer is expected in the framework of the project. Private companies selling this fertilizer will also get involved in distribution process. Ideally, these firms would have at least a sales spot in each of the 385 cantons where the 244,597 vulnerable farmers identified live, according to data released. The main objective is for the fertilizers to be closer to these farmers.

Also, the subsidy would help lower price of fertilizers from CFA13,000 to CFA9,000 a bag. Each farmer will get three bags.

Séna Akoda

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